UK set to grow less than expected this year as IMF revises forecasts down
Monday, 15 April 2024 The UK economy is going to grow less than expected this year - with the International Monetary Fund warning the country will remain the second worst performer in the G7.
The IMF may have predicted that the UK will be the fastest-growing European G7 member, but it's not projected to be the fastest-growing European economy overall.
Credit: euronews (in English) Duration: 02:00Published
Ukraine has received $1 billion from a US-backed loan funded by frozen Russian assets, marking the first installment of a $50 billion G7 package aimed at supporting Ukraine's reconstruction. This unprecedented move has sparked legal and political debates, with Russia condemning the asset seizure as theft and vowing to take legal action. The International Monetary Fund warns such actions could undermine global financial trust.
#UkraineAid #RussianAssets #G7Support #FrozenFunds #Reconstruction #InternationalLaw #RussiaUkraineConflict #IMFWarning #GlobalFinance #AssetSeizure #Oneindia #OneindiaNews
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